Reduce Supply Risk Now

The current economic crisis has put supply risk on the top of every company's agenda. In fact, as Aberdeen Group discovered in its recent
Aberdeen CPO Agenda:

"71% of CPOs surveyed believe 'Supply Risk' is increasing, yet less than 30% have formal programs to manage risk". Two-thirds of the same companies expect supply risk to increase over next three years.

The combination of massive commodity price swings one year followed by recession and widespread bankruptcies the next has dramatically increased the focus on managing risk. Supply Risk has always been around but the recent environment has taken it from a "We'll get to it some day" topic to "We need an answer now".

Some examples of the challenges faced by today's organizations:

US business bankruptcies up 74% in 2008 and another 35%+ in 2009
Corporate bond default rates up to nearly 15%
Government oversight of supply chains at historic lows (e.g. less than 2% of US food imports are inspected)
Oil prices ranging from <$40/bb to >$140bb over twelve month period

This is not just a supply chain issue. It's a sales issue, a brand issue, and core to everything at your organization...

What can you do to Find, Fix and Follow-up on the risks in your supply chain? Ariba has developed a comprehensive set of solutions (combining technology, services, content and supplier access) that address all types of Supply Risk from Brand and Reputation to Supply Disruption and Commodity shocks.

The result: companies can identify potential financial, operational, and market risks in their supply chain and rapidly develop and execute contingency plans to mitigate these risks.